North America 2G & 3G Switch Off Market Forecast to 2030

North America 2G & 3G Switch Off Market Forecast to 2030 – Regional Analysis – by Type (2G and 3G) and Application (Message, Voice, Data, and IoT)

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The North America 2G & 3G switch off market was valued at US$ 1,518.94 million in 2020 and is expected to reach US$ 73.73 million by 2030; it is estimated to register a CAGR of -26.1% from 2020 to 2030.

Emergence of 5G Technology Fuels North America 2G & 3G Switch Off Market

Emerging 5G networks feature higher capacity, lower latency, and increased bandwidth than 4G. These network enhancements are expected to impact how people work, live, and play worldwide. According to Intel Corporation, 5G will provide up to 1,000 times more capacity than 4G, paving the way for IoT development. 5G and IoT are a great combination, which has the potential to reshape wireless networks and the way the Internet is utilized. With the ability to effortlessly communicate with hundreds or thousands of devices, new applications and use cases for cities, factories, farms, schools, and households will flourish. The transition to 5G could be the most significant growth engine for the smartphone industry in the coming years. According to Ericsson Mobility Report, in 2028, 5G subscription mobile access technology will take the lead. By 2029, there will be more than 5.3 billion 5G subscriptions worldwide, accounting for 58% of all mobile subscriptions at that point. According to projections, in 2029, North America and the GCC would have the greatest 5G penetration rate at 92%, with Western Europe coming in second at 85%. Further, in Q3 2023, 4G subscriptions rose by 6 million, reaching 5.2 billion. Now that 4G subscriptions have peaked, it is anticipated that they will fall to about 3.2 billion by the end of 2029 as users switch to 5G. 3G subscriptions fell by 61 million in Q3, while GSM/EDGE-only subscriptions fell by 55 million, and subscriptions to other technologies fell by roughly 2 million. According to GSMA predictions, Greater China had 29% of 5G mobile device utilization as of 2021, making it the leader in this new technology. As of 2021, more than 10,000 5G-based applications have been developed in the country for education, healthcare, and transportation. North America and Europe are close behind with 13% and 4%, respectively. However, North America is expected to exceed China by 2025 with 63% 5G adoption, while the Rest of the world will continue to rely on 4G.

Apart from that, physical security is an important sector. Industry participants have begun to investigate newer methods of security systems because of the speed and latency of 5G. Although most customers are familiar with wireless bandwidth, the expected latency rate of 1-4 milliseconds will differ in 5G adoption. Low latency 5G networks create new possibilities for services that demand nearly instant response time. These services include telemedicine, augmented reality (AR) headsets, and communications between autonomous vehicles that support linking into efficient platforms. Less latency means reducing the time between sending and receiving the signal. 5G network brings the network range to at least under ten milliseconds and, in best cases, approximately one-millisecond delay, meaning data will be transferred in real-time. The advancement of 5G-based mobile networks achieves low delays, which opens the way to completely new opportunities, including virtual reality experiences, multiplayer mobile gaming, factory robots, and self-driving car applications for which a speedy response is considered a strong criterion. Thus, due to the huge advantages of 5G technology, several countries are adopting it, driving the growth of the 2G & 3G switch off market.

North America 2G & 3G Switch Off Market Overview

The North America 2G & 3G switch off market is segmented into the US, Canada, and Mexico. According to the Cellular Telephone Industries Association (CTIA), the US wireless communications industry, ~9% of wireless connections in the US are 2G or 3G. Operators across the region are motivated to switch off to save money on operating expenses and re-purpose the freed spectrum for next-generation mobile technologies like 5G. Telecom operators in North America are engaged in fierce competition to provide the best 5G services. For instance, in October 2023, Ericsson launched a new software toolkit to strengthen the capabilities of the 5G standalone network and enable premium services with differentiated connectivity. As of 2022, the US’s main operators, Verizon, T-Mobile, and AT&T, have shut down 3G networks. Verizon shut down its 3G network in December 2022 and AT&T in February 2022.

As of December 2022, various businesses in Canada, such as Bell, Telus, and Rogers, all stopped supporting 3G. Rogers, Canada’s main mobile operator supporting the 2G network, retains the 850 MHz band for 2G GSM and 3G W-CDMA services. Still, the company’s 2G network is only used in remote areas outside the 3G network footprint. Thus, such a shutdown of the 2G and 3G services promoted the 2G & 3G switch off market.

North America 2G & 3G Switch Off Market Revenue and Forecast to 2030 (US$ Million)

North America 2G & 3G Switch Off Market Segmentation

The North America 2G & 3G switch off market is categorized into type, application, and country.

Based on type, the North America 2G & 3G switch off market is bifurcated into 2G and 3G. The 3G segment held a larger market share in 2020.

In terms of application, the North America 2G & 3G switch off market is segmented into message, voice, data, and IoT. The data segment held the largest market share in 2020.

By country, the North America 2G & 3G switch off market is segmented into the US, Canada, and Mexico. Mexico dominated the North America 2G & 3G switch off market share in 2020.

AT&T Inc, BCE Inc, Deutsche Telekom AG, KDDI Corp, NTT Data Corp, Orange SA, Telenor ASA, and Vodafone Group Plc are some of the leading companies operating in the North America 2G & 3G switch off market.

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At -26.1% CAGR, North America 2G & 3G Switch Off Market is Speculated to be Worth US$ 73.73 Million by 2030, says the Research Team

According to the Research Team’ research, the North America 2G & 3G switch off market was valued at US$ 1,518.94 million in 2020 and is projected to reach US$ 73.73 million by 2030, registering a CAGR of -26.1% from 2020 to 2030. Emergence of 5G technology and private 5G networks are among the critical factors attributed to drive the North America 2G & 3G switch off market growth.

A private 5G network is a dedicated Local Area Network (LAN) that provides enterprise, industrial, and other customers with increased internet access. Next-generation network services are projected to satisfy the requirement for crucial wireless communication for public safety, industrial operations, and critical infrastructure connectivity as they evolve. Additionally, the global market is growing due to the increasing need for ultra-reliable, low-latency connections for applications based on the Industrial Internet of Things (IIoT), including robots, collaborative industrial cameras, industrial cameras, and industrial sensors.

Various prominent industrial incumbents, such as ABB Ltd., Siemens AG, and Mercedes-Benz AG, have significantly utilized sensor-based technologies and industrial robotics to achieve higher operational productivity and efficiency with the evolution of Industry 4.0. The private 5G network is important for delivering continuous and secure internet connectivity to the IIoT. Enterprise digitalization is also fueling the market growth. As businesses become more digitalized, they need faster, more reliable, and secure connectivity to support their operations. Furthermore, the demand for time-sensitive networking (TSN) and real-time-based networking is expanding rapidly across numerous industries, including transportation, manufacturing, oil & gas, and aerospace.

Furthermore, to stay competitive in the market, several market players are taking initiatives. For instance, in 2023, Nokia partnered with DXC technology to launch DXC signal private LTE and 5G solutions. Nokia and DXC Technology, one of the leading Fortune 500 global technology services companies, announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. Therefore, the increasing adoption of IoT is creating a strong demand for private 5G networks.

On the contrary, prevalent use of 2G and 3G in some application areas hampers the growth of North America 2G & 3G switch off market.

Based on type, the North America 2G & 3G switch off market is bifurcated into 2G and 3G. The 3G segment held 88.5% market share in 2020, amassing US$ 1,343.90 million. It is projected to garner US$ 73.73 million by 2030 to register -25.2% CAGR during 2020-2030.

In terms of application, the North America 2G & 3G switch off market is segmented into message, voice, data, and IoT. The data segment held 49.3% share of North America 2G & 3G switch off market in 2020, amassing US$ 749.54 million. It is anticipated to garner US$ 43.68 million by 2030 to register -24.7% CAGR during 2020-2030.

Based on country, the North America 2G & 3G switch off market is categorized into the US, Canada, and Mexico. Our regional analysis states that Mexico captured 67.9% share of North America 2G & 3G switch off market in 2020. It was assessed at US$ 1,030.98 million in 2020 and is likely to hit US$ 73.73 million by 2030, registering a CAGR of -23.2% during 2020-2030.

Key players operating in the North America 2G & 3G switch off market are AT&T Inc, BCE Inc, Deutsche Telekom AG, KDDI Corp, NTT Data Corp, Orange SA, Telenor ASA, and Vodafone Group Plc, among others.

2022: AT&T shut down its 3G network in the United States on February 22, 2022. That means connected devices, including home alarms and medical alert equipment, stopped working after that date if they’re not upgraded to a newer network.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 2G & 3G switch off market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America 2G & 3G switch off market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America 2G & 3G switch off market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America 2G & 3G Switch Off Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.3 Premium Insights
4.3.1 Future of Smart Home
4.3.2 Impact of 2G/3G Sunset on Smart Home
5. North America 2G & 3G Switch Off Market – Key Market Dynamics
5.1 North America 2G & 3G Switch Off Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Emergence of 5G Technology
5.2.2 Increasing Adoption of Industry 4.0 and Edge Computing
5.2.3 Growing Demand for Smart Cities
5.3 Market Restraints
5.3.1 Prevalent Use of 2G and 3G in Some Application Areas
5.3.2 Higher Installation Costs for 4G and 5G
5.4 Market Opportunities
5.4.1 Rising Digital Transformation Across SME’s
5.5 Future Trends
5.5.1 Private 5G Networks
5.6 Impact of Drivers and Restraints:
6. 2G & 3G Switch Off Market – North America Market Analysis
6.1 North America 2G & 3G Switch Off Market Revenue (US$ Million), 2020 – 2030
6.2 North America 2G & 3G Switch Off Market Forecast and Analysis
7. North America 2G & 3G Switch Off Market Analysis – Type
7.1 2G
7.1.1 Overview
7.1.2 2G Market, Revenue and Forecast to 2030 (US$ Million)
7.2 3G
7.2.1 Overview
7.2.2 3G Market, Revenue and Forecast to 2030 (US$ Million)
8. North America 2G & 3G Switch Off Market Analysis – Application
8.1 Message
8.1.1 Overview
8.1.2 Message Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Voice
8.2.1 Overview
8.2.2 Voice Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Data
8.3.1 Overview
8.3.2 Data Market, Revenue and Forecast to 2030 (US$ Million)
8.4 IoT
8.4.1 Overview
8.4.2 IoT Market, Revenue and Forecast to 2030 (US$ Million)
9. North America 2G & 3G Switch Off Market – Country Analysis
9.1 North America
9.1.1 North America 2G & 3G Switch Off Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 North America 2G & 3G Switch Off Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 US 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 US 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.2.2 US 2G & 3G Switch Off Market Breakdown, by Application
9.1.1.3 Canada 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Canada 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.3.2 Canada 2G & 3G Switch Off Market Breakdown, by Application
9.1.1.4 Mexico 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Mexico 2G & 3G Switch Off Market Breakdown, by Type
9.1.1.4.2 Mexico 2G & 3G Switch Off Market Breakdown, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 AT&T Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 BCE Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 Deutsche Telekom AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 KDDI Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 NTT Data Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Orange SA
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 Telenor ASA
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 Vodafone Group Plc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
12. Appendix
12.1 Word Index

LIST OF TABLES

Table 1. North America 2G & 3G Switch Off Market Segmentation
Table 2. List of Vendors in the Ecosystem:
Table 3. North America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million)
Table 4. North America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5. North America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. North America 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. US 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. US 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 9. Canada 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 10. Canada 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 11. Mexico 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 12. Mexico 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. North America 2G & 3G Switch Off Market Segmentation, By Country
Figure 2. Ecosystem: 2G & 3G Switch Off Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America 2G & 3G Switch Off Market Revenue (US$ Million), 2020 – 2030
Figure 5. North America 2G & 3G Switch Off Market Share (%) – Type, 2020 and 2030
Figure 6. 2G Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. 3G Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. North America 2G & 3G Switch Off Market Share (%) – Application, 2020 and 2030
Figure 9. Message Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Voice Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Data Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. IoT Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. North America 2G & 3G Switch Off Market, by Key Country – Revenue (2020) (US$ Million)
Figure 14. North America 2G & 3G Switch Off Market Breakdown by Key Countries, 2020 and 2030 (%)
Figure 15. US 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 16. Canada 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 17. Mexico 2G & 3G Switch Off Market Revenue and Forecasts to 2030 (US$ Mn)

The List of Companies – North America 2G & 3G Switch Off Market

1. AT&T Inc
2. BCE Inc
3. Deutsche Telekom AG
4. KDDI Corp
5. NTT Data Corp
6. Orange SA
7. Telenor ASA
8. Vodafone Group Plc

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